Mallicoat joins us to take a look and take a deeper dive into the numbers. The numbers are very strong. Nearly 2 as you mentioned. Unemployment went from 13. 2 in july and it dropped 11. 4 in the month of august. California added nearly 100 2000 jobs as well. Of course, all welcome news for what is the 5th largest economy in the world. California near the nation. The u. S. Unemployment rate dropped 1. 8 that month. Now at 8. 4 overall. Californias dropped. The numbers can be former edd director and labor attorney Michael Birbeck says california still has a lot of work today. Todays numbers are really not consistent with all the other Economic Indicators we are seeing. In terms of the new yesterday. California was way above those of the National Rate in terms of consumer spending. Way down in the bay area compared to other parts of the nation. In terms of job postings, here in california, way below what we had in january and below the other parts of the nation. He points to urban areas
Kick it off with gerri willis. What a week and what a day, this is been a rotation out of tech stocks, it is getting slammed all week long, no different today, as weve been talking about today, the dow is up for the week but the s p and nasdaq not so much, both of the index down for the week, the dow, s p were on pace to snap a two week losing streak but the dow managed to fight back a little bit, as we close were seen something just a little bit different, all three major indexes down as we can see right here, as we move on, the big focus on apple today, it was on pace to enter a bear market and it did exactly that, take a look apple shares, apple below 10734 cents, it did indeed do that losing 536 billion in market value, yes with a b since its record closing high on septembea rotation out of what you would call the big tech names, we talk so much on the network, apple, google, netflix, you name it, microsoft, all the stocks are heavy pressures, as investors sold and moved into new s
National security prompted President Donald Trump to weeks ago threat an ban on both apps. Today secretary ross said the clock is ticking. For all practicing purposes will be shut down. Reporter the Trump Administration fearing these chineseowned platforms can exploit security gaps and harvest data from u. S. Users in in theory, it argues it threatens u. S. Foreign policy and the overall economy. Were not going to do anything to jeopardize security. Reporter users will no longer be able wnload either app or receive upgrades. If you want to become a tiktok user, you wont be able to download it assuming the Trump Administration action actually takes place. Is that the same for we chat as well . You certainly wont be able to download we chat. Based on what you like, it gives you content that they think that youll enjoy, and like he and my friends can look completely different, like if you do dancing videos, or comedy videos. It really caters to you. We chat is geared for communication, pa
Enough is enough is enough is enough. So i want to be really clear that what happened to Breonna Taylor was part and parcel and pattern of the war that is waging in our lives and weve got to Start Talking about it. Reporter for these women, what happened to taylor is extremely personal and staying silent is not an option. I wont tell you our lives matter. You know our lives matter. So what we need to garner is the power to demonstrate that our lives matter. This gathering came after hundreds of people marched through down oakland hours after the grand Jury Announcement in kentucky. So far in oakland, the protests around the Breonna Taylor decision have been entirely peaceful. Wednesday night, police say there were no arrests and no reports of damage. Some demonstrators did walk on to interstate 980 for a time. Protesters and car caravans vowed to take their message to bay area bridges and even airports. Its a time to provide safe places and safe spaces for the freedom of speech. For th
And we have elevated fire danger a red flag warning for high fire danger goes into effect at 10 00 tonight. That will be in effect until 8 00 wednesday morning for all the hills and mountains of the bay area. Wind gusts will bring drier air, warmer air to the bay area, flowing offshore. And as a result of that, that raises the fire danger. And a wind advisory will be in effect from 5 00 a. M. Tomorrow to 11 00 p. M. Tomorrow. That will be mainly for the Higher Elevations of the north bay with wind gusts ranging from 45 to 65 Miles Per Hour. You can see how the wind gusts will pick up overnight tonight and continue through much of the day tomorrow before they start to i taer off a little bit. With all that, we still have really poor air quality. The next two days will be spare the air days, giving us a string of 23 consecutive spare the air days. And we cant even be serve yet that air quality will improve by thursday. Poor air will be with us tomorrow and wednesday. Thank you, spencer.